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The world's largest business organization whose goal is to champion international business growth and whose members typically include companies and businesses from various countries is:

A) United Nations (UN)
B) World Trade Organization (WTO)
C) International Monetary Fund (IMF)
D) World Bank

User Hoong
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1 Answer

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Final answer:

The correct answer is the World Trade Organization (WTO), which was created to supervise and liberalize international trade, and is distinct from the UN, IMF, and World Bank which serve other specific functions. The correct answer is B) World Trade Organization (WTO).

Step-by-step explanation:

The world's largest business organization aimed at championing international business growth is the World Trade Organization (WTO). The WTO evolved from the General Agreement on Tariffs and Trade (GATT) and was officially established in 1995.

It provides a framework for trade negotiations, a platform for tariff and trade barrier reductions, and helps resolve trade disputes among countries.

The WTO is crucial in facilitating international trade and is distinct from other international institutions such as the United Nations (UN), the International Monetary Fund (IMF), and the World Bank, which also emerged around the mid-1940s to address various aspects of international relations and economic stability.

The WTO is thus the most fitting answer among the provided options, which also include the UN, IMF, and the World Bank, as these organizations serve different primary functions related to global governance, financial assistance, and developmental projects.

User Shaurya Mittal
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